Powering better lives is not just talk for us, and we look forward to the success we know IR and Arnot Opco
will make of Arnot mine."
27 March 2019 - US-based limited partnership Westlake Chemical Partners LP (NYSE: WLKP) has agreed to acquire an additional 4.50% limited partner interest in Westlake Chemical OpCo
LP on a fully diluted basis for approximately USD 201.4m, the partnership said.
The cash Opco
generates each year is substantial enough that the shares may not qualify for the capital gains exemption if the cash is left in the company, so Opco
pays a dividend of $100,000 or more each year to the trust, which then allocates it to a corporate beneficiary, which invests the extra cash.
"Etisalat [Misr] is studying the best option for floating its shares on the bourse and the appropriate market for them, either on the Egyptian bourse or outside it," the Egyptian opco
said in a statement.
The NE Opco
Court's holding came down shortly after the rulings of two other courts on whether electricity is a good or service.
Joff Pope, joint administrator and head of KPMG's restructuring team in Wales, said: "The economic downturn has negatively impacted the UK construction sector and these difficult trading conditions resulted in severe liquidity problems for Opco
, leading to the ultimate demise of the business.
MD Nigel Coulter said: "This exciting project will rejuvenate and revitalise an iconic building in the centre of Cardiff, bringing it back into mixed use as both a centre for high quality retail and prime office use right in the heart of the city.
The rating actions follow the substantial exchange of Reddy Ice Holdings' notes to secured second-lien priority Opco
notes, concurrent with Reddy Ice's refinancing of its bank loan, said Jean C.
(NYSE:TOO), a US-based company that provides marine transportation and storage services to the offshore oil industry, has agreed to acquire an additional interest in Teekay Offshore Operating LP (NYSE:TOO) (OPCO
) from Teekay Corporation(NYSE:TK) (Teekay).
In this opco/propco split, the Sainsbury stores have been put into a separate property company, or "propco", which has created new leases and agreed a market rent with the operating company or "opco
." By doing so, Sainsbury will raise money by selling its property while remaining as a tenant.
), has been awarded one of five third-generation mobile licenses in Britain and it will build and operate a Universal Mobile Telecommunications System (UMTS) network in the country.